76% say investments into Kazakhstan sucessful: Ernst & Young
According to Ernst & Young, one of the Big Four auditors, 81% of the investors believe their investments to Kazkahstan were a right decision. 76% of them consider the investments to be successful.
Concerted currency policy for the Customs Union: Marchenko
Customs Union member states – Kazakhstan, Russia, Belarus – should pursue a concerted currency policy in order to prevent exchange rates steep fluctuations of the countries’ currencies: Gregory Marchenko, Chairman of the National Bank.
Clean up of Kazakh banks may start July 1
Introduction of a new mechanism to clean up banks of bad loans needs some amendments into the applicable legislation: Gregory Marchenko, Chairman of the National Bank.